Tag Archives: CNBC

Airbnb misses on earnings but squeaks in a revenue beat

Airbnb reported third-quarter earnings Thursday that showed revenue up 10% year over year.

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AppLovin, top tech stock of the year, soars another 45% on earnings beat

AppLovin was already the best-performing tech stock of 2024, and that was before the stock popped on a big earnings beat.

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FTX fraudster Caroline Ellison reports to Connecticut prison to begin 2-year sentence

Caroline Ellison, who pleaded guilty to fraud charges tied to the collapse of crypto exchange FTX, is beginning her two-year prison sentence.

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How Elon Musk stands to cash in on Trump’s presidential victory

Tesla CEO Elon Musk poured at least $130 million into a pro-Trump campaign effort after an assassination attempt on the former president in July.

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Payments giant Adyen reports 21% jump in third-quarter sales

Adyen, whose technology allows firms to accept payments online and in-store, reported third-quarter net revenue of 498.3 million euros, up 21% year-over-year.

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Trump likely to uphold CHIPS Act despite his campaign rhetoric, experts say

President elect Donald Trump is unlikely to roll back the Biden administration’s CHIPS and Science Act, despite his campaign rhetoric on the bill, experts say.

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Qualcomm pops 10% on chipmaker’s earnings and revenue beat

Qualcomm reported fourth-quarter earnings on Wednesday that beat Wall Street expectations for earnings and revenue, and guided to a strong December quarter.

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Coinbase CEO Brian Armstrong is more than $2 billion richer after post-election stock pop

Coinbase’s success in helping its candidates win their elections on Tuesday sent the company’s stock price soaring, lifting CEO Brian Armstrong’s net worth.

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Jeff Bezos, Sam Altman, Sundar Pichai and other tech leaders congratulate Trump on election win

Leaders including Jeff Bezos, Sam Altman and Sundar Pichai congratulated former president Trump and said they looked forward to working with his administration.

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Super Micro shares plummet 22% after financial update heightens investor concerns

Super Micro’s stock fell to its lowest since mid-2023 on Wednesday after the company issued unaudited quarterly results that added to investor concerns.

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